The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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They must be selling Vodica and let’s explore for buttons. Or the numbers are wrong ?
Let's Explore
· FY 2023 revenue £0.7m
· Circa 30,000 Vodiac units sold in 2023. Currently listed on Vodiac at £99 each. Even if they were sold with a heavy discount at 30 quid a pop , these alone would take the sales to over .9 million
· Over 7,000 Let's Explore units sold in Q4 2023. Currently at 80 pounds
The numbers they quoted don’t make sense .
3rd biggest faller of the day after an 8% rise first thing. Not sure what market so worried about. Will they need more cash to fund the pace of expansion?
Agreed apart from the sales of let’s explore we’re very poor . They need to address that or sell it on if they are not committed to its success and what to concentrate on DD and BM imo
Good results, growing fast and well funded.
Surprising SP weakness today. Profit takers, weak holders or market maker shake out looking for stock?
Ha
That was good timing .
In reply to your question, I’m guessing., based on the fact that good trading would necessitate an update.
Interesting to see the launch of Beermonster craft ales.
I am not sure where that leads or how popular it is going to be.
Since my last post , there has been a considerable rise in the share price.
Probably for the reasons that I stated previously , although it seems that someone somewhere always seems much better informed than Joe Public.
Predict or know there will be an update? Bit of a shocker the CEO invested before a trading update tbh
I predict there will be a strong trading update concerning the last few months fairly soon.
Most of the metrics that are possible to investigate are good.
Can’t remember the last time I have been wrong on this one.
There is always a first .
It appears that they have sold most of their QVC Vodiac units.
I wonder if they had already paid for these when they were still Immotion, if so it would provide some handy cash flow
The same would relate to the Let’s Explore units.
Discount Dragons Facebook followers have increased by 10 per cent in the last month (A positive metric)
As for let’s Explore, it’s not easy to work out how they are selling.
My guess is that they will have a very good quarter , hence the HIgginson investment.
Post Christmas might get a bit slower, but for now , there is most likely money to be made on a short term punt.
£60k investment and now holding £1070k worth..
I hope they have not taken their eye off the ball re the VR HBE products as they ramp up DD.
Not so sure.
Next lot of figures will be critical.
Hopefully they sell all of their VR stock.
You would expect a Q4 update, but as for forecasts I think they will wait until the new warehouse is up and running.
Going to be an interesting 2024 imo H2
With the seasonal sales of Vodiac, let’s explore and Discount Dragon, it’s more than likely that this quarter is going to be good.
I wonder if they will be doing quarterly reporting ?
I for one was very impressed with the presentation. Think the next 12months could be an exciting ride for shareholders
An impressive presentation. Martin seems focused and motivated, to see HUD succeed.
Interview with Huddled Group CEO Martin Higginson about the acquisition and an overview of the brands.
Watch the video here: https://www.piworld.co.uk/company-videos/huddled-group-hud-interview-november-23/
Or listen to the podcast here: https://piworld.podbean.com/e/huddled-group-hud-interview-november-23/
Not sure what profit they make on these.
It can’t be cheap to send a salesman across the world, but a great sales session regardless.
Approx 180 k worth Aussie dollars sold in a few hours is very good.
huddled.com/vodiac-sell-out-on-australian-shopping-channel/
Anyone joining the seminar at 5 bells ?
Monday, 6 November, 5:00pm
The presentation relates to the recent acquisition of Huddled and its Discount Dragon and BeerMonster brands, as confirmed at the General Meeting on 16 October 2023, and will cover the rationale behind the acquisition and the opportunity ahead. Followed by Q&A.
Register here: https://bit.ly/HUD_acquisition_intro_webinar
Talking of metrics.
It’s good to see that the Discount Dragon Facebook followers have increased from 11k to 12k in the last week.
It’s a relevant metric imo.
Not something that I would do, but obviously interesting enough for those extra thousand people who want to keep updated on the deals offered.
A positive imo.
Nice to see you change your tune a little
Lets wait and see what they deliver here. Im expecting them to give the market some more colour to the acquisition with some forward forecasts. Until then we are largely stabbing in the dark.
The only relevant number in my mind is the Discount dragon userbase/website subscribers. I guess we will be given these numbers and how theyve grown since Matato in due course...
Haha tbf thats a valid point. I cant stand facebook or instagram.
There is a big difference between doom and gloom and keeping realistic expectations.
I’m not saying they can’t or won’t make money.
If they sell all the Vodiac and let’s explore units and get into profit with Discount D, then all will be well.
In fact, I wouldn’t be at all surprised if they were thinking of selling the VR side of the company if it proves to be a success over the coming months.
As far as metrics go, there are 11k followers of Discount D on Facebook.
That’s quite a number, and I pointed out that I would have expected this number to grow as a result of the acquisition of the Motato database regardless of its relevance to customer numbers..
If you have a few thousand Facebook friends, you really need to get out more.
Mystery doom and gloom merchant on discussion board produces an alleged "fact" and claims it as precise. Good one!
Personally I'd rather judge the company on more key elements, those which are proven and audited, as opposed to manufactured narratives of a keyboard warrior.
But hey. If your outlook on the Company rests on its FB followers, fill your cowboy boots fella.